Back to ERIE overview

ERIE Erie Indemnity PE ratio, current and historical analysis

As at Jun 18, 2024, the ERIE stock has a PE ratio of 34.35. This is based on the current EPS of $10.39 and the stock price of $356.9 per share. The current PE ratio is comparable to the past four-quarter average.

ERIE PE ratio history

How has ERIE's PE ratio performed in the past

The mean historical PE ratio of Erie Indemnity over the last ten years is 28.24. The current 34.35 PE ratio is 22% above the historical average. Over the past ten years, ERIE's PE ratio was at its highest in the Dec 2020 quarter at 38.98, with a price of $245.6 and an EPS of $6.3. The Sep 2014 quarter recorded the bottom point at 19.95, with a price of $75.81 and an EPS of $3.8.

Average
28.24
Median
27.11
Minimum
19.95
Maximum
38.98

Erie Indemnity PE ratio by year

Maximum annual increase: 59.69% in 2020

Maximum annual decrease: -25.21% in 2018

Year PE ratio Change
2023 34.96 -9.9%
2022 38.8 28.9%
2021 30.1 -22.78%
2020 38.98 59.69%
2019 24.41 13.32%
2018 21.54 -25.21%
2017 28.8 15.76%
2016 24.88 -2.43%
2015 25.5 0.87%
2014 25.28 19.64%

ERIE average PE ratio chart

What is the average PE ratio of ERIE for the past years

ERIE's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
32.45
5-year avg
31.95
10-year avg
28.24
15-year avg
26.1

ERIE PE vs peers

What is ERIE's PE ratio compared to its peers

Compared to its peer stocks ACGL and AFG, ERIE's PE ratio stands higher.

Stock name PE ratio Market cap
ACGL Arch Capital Group Ltd 7.75 $37.85B
AFG American Financial Group Inc 12.08 $10.6B
GNW Genworth Financial Inc 28.62 $2.63B
ERIE Erie Indemnity Co 34.35 $16.49B

Frequently asked questions

What is Erie Indemnity's PE ratio?

ERIE's price to earnings ratio is 34.35 as of Jun 18, 2024.

What is the 3-year average PE ratio for Erie Indemnity (ERIE)?

The average PE ratio for ERIE stock over the past 3 years is 32.45.

What is the 5-year average PE ratio for Erie Indemnity (ERIE)?

The average PE ratio for ERIE stock over the past 5 years is 31.95.

What is the highest PE ratio for ERIE?

In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 38.98.

How does the current PE ratio for ERIE compare to its historical average?

ERIE's current price to earnings ratio is 22% above its 10-year historical average.

How is ERIE's PE ratio calculated (Erie Indemnity PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 18, 2024), Erie Indemnity's stock price is $356.9. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $10.39. Therefore, Erie Indemnity's P/E ratio for today is 34.35. PE RATIO(34.35) = STOCK PRICE($356.9) / TTM EPS($10.39)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.